Journey to Wealth

Kenanga Today - 17 October 2012

kiasutrader
Publish date: Wed, 17 Oct 2012, 08:57 AM

NEWS HIGHLIGHTS
l SCB plans to buy over Trenergy
l DRB-Hicom to announce plans for Proton next month
l Scomi says not cancelling disposal plans
l Green Packet hits 5-month high on asset sale talk
l Time dotCom targets Cyberjaya for Internet pay TV services
l MAHB expects 5.0% passenger growth at Penang InternationalAirport this year
l Benalec director buys back shares at higher price

FOREIGN NEWS HIGHLIGHTS
l Murphy Oil Corp to spin off U.S. downstream unit
l Citigroup replaces Pandit as new CEO Corbat considers shakeup


ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Malaysia
l Malaysia-Turkey FTA By Year-End
Asia
l Japan PM Plans New Economic Stimulus By End-Nov: Report
USA
l U.S. Consumer Prices Rose In September On Cost Of Fuel
l U.S. Industrial Production Rises In Stabilization Sign
l Confidence Among U.S. Homebuilders Climbs For A Sixth Month
l International Demand For U.S.Assets Rises On Europe
Europe
l European Car Sales 'Fall For 12 Months In Row'
l German Investor Sentiment Rose In October On ECB Plan
l Merkel Urges Tax Cuts To Boost German Economy
l UK Inflation Rate Slows To 2.2% In September, ONS Says
Currencies
l Euro Tops $1.30 On Spain Bailout Talk
Commodities
l Oil Rises In New York On Spanish Bailout Optimism
l Gold Higher As Us Consumer Prices Rise, Dollar Drops
Discussions
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